Limitation of Manager’s power on improvements to Common Parts. Except with the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts which involve expenditure in excess of 10% of the current Budget.
Appears in 4 contracts
Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement
Limitation of Manager’s power on improvements to Common Parts. Except with The Manager shall not effect any improvements to the Common Parts costing more than 10% of the current Budget without the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts which involve expenditure in excess of 10% of the current Budget.
Appears in 2 contracts
Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement
Limitation of Manager’s power on improvements to Common Parts. Except with The Manager shall not effect any improvements to the Common Parts costing more than 10% of the current Budget without the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts which involve expenditure in excess of 10% of the current Budgetmeeting.
Appears in 2 contracts
Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement
Limitation of Manager’s power on improvements to Common Parts. Except with The Manager shall not effect any improvements to the Common Parts or services costing more than 10% of the current Budget without the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts which involve expenditure in excess of 10% of the current Budget.
Appears in 1 contract
Limitation of Manager’s power on improvements to Common Parts. Except with The Manager shall not effect any improvements to the Common Parts or facilities or services costing more than 10% of the current Budget without the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts which involve expenditure in excess of 10% of the current Budgetmeeting.
Appears in 1 contract
Limitation of Manager’s power on improvements to Common Parts. Except with the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the Manager shall not carry out any improvements to the Common Parts facilities or services which involve expenditure in excess of 10% of the current Budget.
Appears in 1 contract